Calls Purchased on Radware
July 08, 2011 10:36 AM
Shares of Radware (NASDAQ: RDWR) are higher on the session by 2.32%, currently trading at $35.73. The stock has been moving largely higher over the past five weeks and is currently trading above the 50-day moving average.
Options traders are buying calls on the name today. A short while ago the September 2011 $34.00 call traded 1,600 times on open interest of 2 contracts. Overall call volume is now running at 9.48x the daily average with 80% of all calls traded being purchases on the offer.
Radware Ltd. develops, manufactures and markets integrated networking solutions that allow its enterprise and carrier customers to deliver their mission critical applications between data centers and remote locations, over all critical points in the network.
